Federal Reserve Economic Data

Table Data - High-Propensity Business Applications: Finance and Insurance in the United States

Title High-Propensity Business Applications: Finance and Insurance in the United States
Series ID BAHBANAICS52SAUS
Source U.S. Census Bureau
Release Business Formation Statistics
Seasonal Adjustment Seasonally Adjusted
Frequency Monthly
Units Number
Date Range 2004-07-01 to 2025-11-01
Last Updated 2025-12-12 11:06 AM CST
Notes Business Applications (BA) that have a high-propensity of turning into businesses with payroll. The identification of high-propensity applications is based on the characteristics of applications revealed on the IRS Form SS-4 that are associated with a high rate of business formation. High-propensity applications include applications: (a) from a corporate entity, (b) that indicate they are hiring employees, purchasing a business or changing organizational type, (c) that provide a first wages-paid date (planned wages); or (d) that have a NAICS industry code in manufacturing (31-33), retail stores (44), health care (62), or restaurants/food service (72).

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DATE VALUE
2004-07-01 4942
2004-08-01 6040
2004-09-01 5778
2004-10-01 5872
2004-11-01 6039
2004-12-01 5668
2005-01-01 6162
2005-02-01 6325
2005-03-01 5761
2005-04-01 6204
2005-05-01 6236
2005-06-01 6258
2005-07-01 6105
2005-08-01 6200
2005-09-01 5145
2005-10-01 6714
2005-11-01 6223
2005-12-01 6534
2006-01-01 6100
2006-02-01 6344
2006-03-01 6611
2006-04-01 6456
2006-05-01 6679
2006-06-01 6472
2006-07-01 6781
2006-08-01 6546
2006-09-01 6430
2006-10-01 6198
2006-11-01 5771
2006-12-01 6842
2007-01-01 6304
2007-02-01 6830
2007-03-01 6503
2007-04-01 6493
2007-05-01 6559
2007-06-01 6715
2007-07-01 6664
2007-08-01 6605
2007-09-01 6430
2007-10-01 5757
2007-11-01 5149
2007-12-01 5742
2008-01-01 4844
2008-02-01 4877
2008-03-01 5183
2008-04-01 5102
2008-05-01 5034
2008-06-01 4926
2008-07-01 4942
2008-08-01 5014
2008-09-01 4808
2008-10-01 4609
2008-11-01 4676
2008-12-01 4088
2009-01-01 4580
2009-02-01 4470
2009-03-01 4496
2009-04-01 4529
2009-05-01 4435
2009-06-01 4419
2009-07-01 4490
2009-08-01 4243
2009-09-01 4355
2009-10-01 4151
2009-11-01 4013
2009-12-01 3996
2010-01-01 4084
2010-02-01 3925
2010-03-01 3972
2010-04-01 3877
2010-05-01 4020
2010-06-01 3835
2010-07-01 3890
2010-08-01 3997
2010-09-01 4056
2010-10-01 4121
2010-11-01 4164
2010-12-01 3818
2011-01-01 3944
2011-02-01 3915
2011-03-01 3720
2011-04-01 3910
2011-05-01 3528
2011-06-01 4872
2011-07-01 4220
2011-08-01 4009
2011-09-01 3901
2011-10-01 3771
2011-11-01 3993
2011-12-01 4204
2012-01-01 3195
2012-02-01 3840
2012-03-01 3883
2012-04-01 3914
2012-05-01 4069
2012-06-01 3740
2012-07-01 3735
2012-08-01 3745
2012-09-01 3649
2012-10-01 3758
2012-11-01 3566
2012-12-01 5213
2013-01-01 3675
2013-02-01 3699
2013-03-01 3876
2013-04-01 3667
2013-05-01 3690
2013-06-01 3877
2013-07-01 3890
2013-08-01 3985
2013-09-01 3797
2013-10-01 4056
2013-11-01 3948
2013-12-01 4346
2014-01-01 3505
2014-02-01 3809
2014-03-01 3926
2014-04-01 3960
2014-05-01 3976
2014-06-01 4171
2014-07-01 4053
2014-08-01 4048
2014-09-01 4148
2014-10-01 3964
2014-11-01 4050
2014-12-01 4065
2015-01-01 4091
2015-02-01 4015
2015-03-01 4066
2015-04-01 3883
2015-05-01 3629
2015-06-01 3824
2015-07-01 3924
2015-08-01 3866
2015-09-01 3769
2015-10-01 3934
2015-11-01 3844
2015-12-01 3803
2016-01-01 3968
2016-02-01 3782
2016-03-01 3705
2016-04-01 3873
2016-05-01 4076
2016-06-01 3527
2016-07-01 4185
2016-08-01 3846
2016-09-01 3935
2016-10-01 3666
2016-11-01 3865
2016-12-01 4189
2017-01-01 3922
2017-02-01 3903
2017-03-01 3881
2017-04-01 3959
2017-05-01 3766
2017-06-01 3917
2017-07-01 3872
2017-08-01 3990
2017-09-01 3983
2017-10-01 4174
2017-11-01 4209
2017-12-01 4027
2018-01-01 4699
2018-02-01 4277
2018-03-01 4390
2018-04-01 4213
2018-05-01 4366
2018-06-01 4415
2018-07-01 4265
2018-08-01 4139
2018-09-01 4218
2018-10-01 4158
2018-11-01 4063
2018-12-01 4138
2019-01-01 3789
2019-02-01 4202
2019-03-01 4120
2019-04-01 4207
2019-05-01 4065
2019-06-01 4254
2019-07-01 4080
2019-08-01 4256
2019-09-01 4134
2019-10-01 4132
2019-11-01 4120
2019-12-01 4160
2020-01-01 4010
2020-02-01 4173
2020-03-01 3944
2020-04-01 3508
2020-05-01 3877
2020-06-01 4934
2020-07-01 6052
2020-08-01 5604
2020-09-01 5306
2020-10-01 5130
2020-11-01 5190
2020-12-01 4254
2021-01-01 6078
2021-02-01 5512
2021-03-01 5809
2021-04-01 5879
2021-05-01 6018
2021-06-01 5455
2021-07-01 5300
2021-08-01 5034
2021-09-01 5228
2021-10-01 5226
2021-11-01 5502
2021-12-01 5110
2022-01-01 5127
2022-02-01 4993
2022-03-01 5054
2022-04-01 5124
2022-05-01 5237
2022-06-01 5143
2022-07-01 5445
2022-08-01 5150
2022-09-01 5383
2022-10-01 5397
2022-11-01 5150
2022-12-01 5065
2023-01-01 5256
2023-02-01 5666
2023-03-01 6161
2023-04-01 5557
2023-05-01 5282
2023-06-01 5637
2023-07-01 5604
2023-08-01 5665
2023-09-01 5638
2023-10-01 5181
2023-11-01 5434
2023-12-01 5189
2024-01-01 5319
2024-02-01 5058
2024-03-01 5114
2024-04-01 5053
2024-05-01 5202
2024-06-01 5287
2024-07-01 5163
2024-08-01 5532
2024-09-01 5377
2024-10-01 5533
2024-11-01 5452
2024-12-01 5334
2025-01-01 4984
2025-02-01 5716
2025-03-01 5764
2025-04-01 5746
2025-05-01 5712
2025-06-01 5916
2025-07-01 5981
2025-08-01 5332
2025-09-01 4314
2025-10-01 4148
2025-11-01 4611

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